Iran. Azerbaijan and Turkmenistan have for more than two decades contested the ownership of several oil and gas fields in the Caspian Sea.
Read More »Azerbaijan Reports on Implementation of OPEC + Deal for July
At the last OPEC meeting in Vienna. the agreement was again extended until the end of 2018.
Read More »SOCAR will Open 2nd Petrochemical Facility in 2023
The refinery is SOCAR Turkey'.s biggest investment in the country coming at a cost of $6.3 billion.
Read More »SOCAR will Begin LNG Shipment to Pakistan in Coming Months
Pakistan is increasing LNG intake amid increasing demand for gas and decline in production.
Read More »Pertamina Invites SOCAR for Partnership in Refinery Upgrade
Indonesia'.s estimated oil reserve is over 60 billion barrels.
Read More »SOCAR Mulls Gas Distribution in Bulgaria
Azerbaijan’s state oil company SOCAR is interested in gas distribution in Bulgaria.
Read More »SOCAR Trading to Refocus on LNG Sales
SOCAR plans to increase its headcount in London. including with more LNG-focused hires.
Read More »Azerbaijan Reports on Implementation of OPEC + Deal for June
Daily oil production stood at 792.000 barrels in June 2018. of which 739.000 barrels accounted for crude oil and 53.000 barrels - for condensate.
Read More »TANAP will Support Regional Trade. Improve Connectivity
The Trans Anatolian Natural Gas Pipeline (TANAP) will support regional trade and improve connectivity.
Read More »Azerbaijan may Refuse Electricity Imports from Russia
Azerbaijan abandons plans to increase electricity imports from Russia.
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